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President’s adviser: Ukraine needs $50 billion to cover budget deficit.

by The Kyiv Independent news desk April 17, 2022 5:18 PM 1 min read
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Oleh Ustenko, the president’s economic adviser, said that Ukraine asked G7 nations for financial assistance, while the country is also considering issuing 0% coupon bonds to help cover the budget deficit over the next six months.

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7:15 PM

Ukraine's artillery braces for shell shortage as US halts aid.

The Kyiv Independent's Francis Farrell and Olena Zashko spent a day with an artillery crew from the 28th Mechanized Brigade in the front-line city of Kostiantynivka. Following the recent decision by the Pentagon to halt shipments of certain weapons to Ukraine, a looming shell shortage is once again on the horizon for Ukrainian forces.
9:17 AM  (Updated: )

'There is also good news' — Ukrainian drones hit key military optics plant in Russia, General Staff confirms.

Andrii Kovalenko, head of Ukraine's counter-disinformation center, said a drone hit the Azov Optical and Mechanical Plant in the town of Azov, Rostov Oblast. The facility reportedly manufactures critical components for the Russian military, including sights, rangefinders, thermal imaging systems, and fire control equipment for tanks, infantry fighting vehicles, ships, and aircraft.
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